Lease Harbor is web-based software for administering and accounting for real estate, equipment, and vehicle leases. It supports automated remeasurement and compliance reporting, while letting users track lease details and key dates, store documents, and receive reminders. Custom fields and reports can be tailored to a portfolio. Workflow tools automate routine tasks and provide approvals, audit trails, and email notifications. Reports cover compliance, financial statements, and audit support. The company lists integrations with systems including Oracle, SAP, PeopleSoft, Workday, NetSuite, Microsoft Dynamics, and MRI; subscription integration tools include imports, exports, scheduled transfers, and web services. Lease Harbor says the software automates compliance with FASB, IFRS, and GASB standards, and references a SOC 1 Type II report and Tier III+ data centers. It offers training, technical support, accounting, consulting, and data conversion services. The company says turnkey implementations can take days, while customized setups generally take a few weeks. Pricing is available on request and varies by features.
Who it is for
Lease Harbor suits organizations managing lease portfolios, from small businesses to enterprises. It may fit teams that need accounting, administration, reporting, and integrations in one web-based system.
What is good
- Supports real estate, equipment, and vehicle leases
- Custom fields and reports for lease portfolios
- Includes approvals, audit trails, and email notifications
- Integrations include Oracle, SAP, and Workday
- Turnkey implementation can take days
What to know first
- Pricing is available on request
- Customized implementations generally take a few weeks
- Web platform only
Verdict
Lease Harbor brings lease administration, accounting, reporting, and workflow tools together for portfolios of different sizes. Ask for pricing and implementation details based on the features and customization your portfolio needs.
Compared on lease accounting software
- Critical-date alerts
- Yes
- Rent schedule tracking
- Yes
- Lease accounting
- Yes
- Accounting standards
- both
- Approval workflows
- Yes
